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Lyft CEO David Risher poses for portrait in New York, USA, April 16, 2025.
Kylie Cooper | Reuters
Elevator The stock rose 20% on Friday after a joint trip company increased her Share your purchase Plan and placed more than expected, gross orders.
During the interview with CNBC “Box for Squawk“CEO David Richer said that Lyft sees” nothing that needs to be worried “despite the broad problems of the consumer slowing against the background of constant economic uncertainty.
“Our team is stronger than when it was, and the consumer demand is absolutely,” he said.
The gross orders rose 13% a year ago to $ 4.16 billion, which slightly beating $ 4.15 billion from Streitaccount. The company stated that a quarter was its 16th period of gross orders.
The attractions increased by 16% to 218.4 million, leading the facts of 215.1 million.
Lyft’s revenues have grown by 14% during The first quarter Therefore, up to $ 1.45 billion, but $ 1.47 billion from LSEG. The company reported a net profit of $ 2.57, or 1 percent per share. This is a result of a net loss of $ 31.54, or 8 cents per share a year ago.
The Board also allowed the Lyft ransom to raise up $ 750 million from $ 500 million. The company said it was striving to use $ 500 million over the next year.
5-day Lyft stock schedule
Investor Engine Capital Activist said on Friday would be stop your company In Lyft and recall their nominations to the company’s board of directors, citing the news about the ransom.
“After a series of productive conversations, the council made an important first step, making significant ransoms in the nearby quarters,” said Arno Aidler, the founder and portfolio manager.
Competitent shares on joint fare Uber refused earlier this week after placing the mixed The results of the first quarter.
Following the Goldman Sachs report, he updated the stock to buy from a neutral rating, citing attractions and rising orders and “strong execution on a stable industry background.”
